Insolvency & Administration

Exit Strategies

Pre-pack deals aren’t all bad

Pre-pack administration deals, in which a buyer is lined up before a struggling business goes into administration, have been given a bad press of late. David Moore, a partner at business recovery firm Begbies Traynor, argues that this is unjustified.

Legislation and Regulation

The de facto director trap

When a business becomes insolvent, it's not only formally appointed directors who could be held legally responsible, writes Sam Pandya, an associate at law firm Matthew Arnold & Baldwin.

Alternative Finance for Business

Company voluntary arrangements: what you need to know

With business insolvencies hitting 4,941 last quarter, up 56 per cent on the same period last year, company voluntary agreements (CVAs) could be the answer to some companies' woes.

Legislation and Regulation

Liabilities when buying an insolvent business

A business that has gone bust can represent a real opportunity for a canny acquirer, but the legal rights of the existing employees must be taken into account.